PACHA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PACHA
Largest movements
- Cash -€106,779
down €106,779 (-52.3%), from €204,094 to €97,314
mainly Other debts (-€561,945) and Trade debts (-€110,457)
- Receivables within one year +€86,488
up €86,488 (+195.4%), from €44,261 to €130,749
of which Trade receivables: +€98,341
- Profit (loss) carried forward +€770,084
up €770,084 (+40.1%), from €1.9m to €2.7m
- Other debts -€561,945
down €561,945 (-26.8%), from €2.1m to €1.5m
- Trade debts -€110,457
down €110,457 (-56.6%), from €194,988 to €84,530
- Tax, wage and social debts -€103,656
down €103,656 (-47.5%), from €218,144 to €114,489
- Taxes -€133,793
down €133,793 (-34.1%), from €392,707 to €258,915
- Gross operating margin +€117,000
up €117,000 (+11.9%), from €979,156 to €1.1m
- Depreciation -€87,263
down €87,263 (-74.4%), from €117,338 to €30,074
- Financial charges +€11,147
up €11,147 (+60.0%), from €18,566 to €29,713
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,287,942 | €5,274,035 | -€13,907 | -0.3% |
| Fixed assets | 21/28 | €5,039,587 | €5,045,971 | +€6,384 | +0.1% |
| Tangible fixed assets | 22/27 | €1,279,887 | €1,286,271 | +€6,384 | +0.5% |
| Land and buildings | 22 | €1,187,319 | €1,161,061 | -€26,258 | -2.2% |
| Other tangible fixed assets | 26 | €92,568 | €125,210 | +€32,642 | +35.3% |
| Financial fixed assets | 28 | €3,759,700 | €3,759,700 | = | 0.0% |
| Current assets | 29/58 | €248,355 | €228,063 | -€20,292 | -8.2% |
| Amounts receivable within one year | 40/41 | €44,261 | €130,749 | +€86,488 | +195.4% |
| Trade receivables | 40 | €8,000 | €106,341 | +€98,341 | +1229.3% |
| Other amounts receivable | 41 | €36,261 | €24,408 | -€11,853 | -32.7% |
| Cash at bank and in hand | 54/58 | €204,094 | €97,314 | -€106,779 | -52.3% |
| Total equity and liabilities | 10/49 | €5,287,942 | €5,274,035 | -€13,907 | -0.3% |
| Equity | 10/15 | €1,929,194 | €2,699,278 | +€770,084 | +39.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,918,194 | €2,688,278 | +€770,084 | +40.1% |
| Amounts payable | 17/49 | €3,358,748 | €2,574,757 | -€783,991 | -23.3% |
| Amounts payable after more than one year | 17 | €783,967 | €731,501 | -€52,466 | -6.7% |
| Financial debts | 170/4 | €783,967 | €731,501 | -€52,466 | -6.7% |
| Amounts payable within one year | 42/48 | €2,574,781 | €1,843,255 | -€731,525 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €62,824 | €107,357 | +€44,533 | +70.9% |
| Trade debts | 44 | €194,988 | €84,530 | -€110,457 | -56.6% |
| Suppliers | 440/4 | €194,988 | €84,530 | -€110,457 | -56.6% |
| Taxes, remuneration and social security | 45 | €218,144 | €114,489 | -€103,656 | -47.5% |
| Taxes | 450/3 | €218,144 | €114,489 | -€103,656 | -47.5% |
| Other amounts payable | 47/48 | €2,098,825 | €1,536,880 | -€561,945 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,338 | €30,074 | -€87,263 | -74.4% |
| Other operating charges | 640/8 | €12,285 | €11,026 | -€1,259 | -10.2% |
| Gross operating margin | 9900 | €979,156 | €1,096,155 | +€117,000 | +11.9% |
| Operating profit (loss) | 9901 | €849,533 | €1,055,055 | +€205,522 | +24.2% |
| Financial income | 75/76B | €682 | €3,657 | +€2,976 | +436.6% |
| Recurring financial income | 75 | €682 | €3,657 | +€2,976 | +436.6% |
| Financial charges | 65/66B | €18,566 | €29,713 | +€11,147 | +60.0% |
| Recurring financial charges | 65 | €18,566 | €29,713 | +€11,147 | +60.0% |
| Profit (loss) for the period before taxes | 9903 | €831,649 | €1,028,999 | +€197,350 | +23.7% |
| Income taxes | 67/77 | €392,707 | €258,915 | -€133,793 | -34.1% |
| Profit (loss) for the period | 9904 | €438,941 | €770,084 | +€331,143 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €438,941 | €770,084 | +€331,143 | +75.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.